Premium Group Dividend
Dividend criteria checks 2/6
Premium Group is a dividend paying company with a current yield of 1.93% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.9%
Dividend yield
23%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | 09 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥40.000 |
Earnings per share | JP¥121.63 |
Dividend yield forecast in 3Y | 2.6% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 7199 has been paying a dividend for less than 10 years.
Growing Dividend: 7199's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Premium Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (7199) | 1.9% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.5% |
Industry Average (Consumer Finance) | 3.4% |
Analyst forecast in 3 Years (7199) | 2.6% |
Notable Dividend: 7199's dividend (1.93%) is higher than the bottom 25% of dividend payers in the JP market (1.75%).
High Dividend: 7199's dividend (1.93%) is low compared to the top 25% of dividend payers in the JP market (3.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.5%), 7199's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (425.7%), 7199's dividend payments are not well covered by cash flows.